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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: kimberley who wrote (96803)3/24/2020 10:14:24 AM
From: ajtj991 Recommendation

Recommended By
kimberley

  Read Replies (1) | Respond to of 99985
 
We gapped up big, but the internals have been strong since then. NYUD and NYUD. However, those long upper tails/shadows on the 15-min chart are concerning for a re-trace of this gap.

We dumped 35% on the SPX, so you need to use your bear market tool kit now, IMO. Dust that bad boy off and put it to use <G>



To: kimberley who wrote (96803)3/24/2020 10:15:49 AM
From: ajtj99  Read Replies (1) | Respond to of 99985
 
Follow the money, just like in "All the President's Men." XLF and GS are good tells here.


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